My Sinchew/ Biz

The emergence of the electronic wallet (e-wallet) contributes to the further development of e-commerce and enhances the retail payment system by offering a fast, easy and secured payment process, according to the Ministry of Finance.

China's economy slowed marginally in the third quarter but is well on course to beat the government's annual target, cementing Xi Jinping's standing as he prepares to be handed a second term in power at a key Communist Party conclave.

Amid uncertainty over President Donald Trump's growth agenda, US economists increasingly are worried about risks to the economy, though they see little chance of a recession near term, according to a survey released Monday.